MANILA, Philippines — The Philippines continues to draw interest from international tourists as foreign arrivals nearly hit the 3.5 million mark in the first five months of the year. In a statement, the Department of Tourism (DOT) said that foreign arrivals grew 9.76 percent to 3.49 million arrivals from 3.18 million arrivals in the same […]
Read MorePresident Joko “Jokowi” Widodo has issued a regulation on major tax deductions aimed at boosting investment, research and development (R&D) as well as the participation of businesses in improving Indonesia’s human resources. Under Government Regulation (PP) No. 45/2019 on the calculation of taxed income and expansion of income tax in the current year, which was […]
Read MoreKUALA LUMPUR: Trade uncertainty will weigh on growth and investment in Asia-Pacific despite somewhat easier financial conditions, S&P Global Ratings says. Despite what appears to be a temporary truce in the US-China trade and technology dispute, policy uncertainty has risen since earlier in 2019 when a deal also looked likely, it said in its report […]
Read MoreA raft of new laws to boost the local economy is in the pipeline and will be passed before the end of the year, according to a senior public official. For in depth analysis of Cambodian Business, visit Capital Cambodia Mao Thora, secretary of state at the Ministry of Commerce, told Khmer Times on Tuesday that the E-commerce […]
Read MoreNo decision has been made on a proposal by Gold Coast KTMG Development, a company with Malaysian owners, to develop a new city near Sittwe, capital of Rakhine State, says a senior minister in the state government. “We have not decided on it and there have been no detailed discussions other than the presentation of […]
Read MoreThe Federation of Thai Industries (FTI) says the US-China trade war is hurting exports of electronics and components after overall shipments of these products fell by 11.3% year-on-year to 347 billion baht during the January-April period. Gritsada Suptuaychone, vice-chairman of the FTI’s electrical, electronics, telecom and allied industries club, said China cut purchase orders from […]
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